NYSE:ALLInsurance
Allstate (NYSE:ALL) Reaffirms Stable Dividends With $1.00 Common And Preferred Payments
Allstate (NYSE:ALL) has recently announced a $1.00 per share dividend, reinforcing their commitment to shareholder value, further evidenced by last quarter’s 5% stock price increase. This period also saw preferred stock dividends amounting to $29.3 million. Concurrently, Allstate's Q1 2025 revenue growth of $16,452 million, despite a drop in net income to $595 million, hints at resilience against market challenges. Meanwhile, share buybacks totaling $104 million likely bolstered investor...